StartEngine Secondary Launch
StartEngine has been dropping clues about this for a while…and I just got an email inviting me to open an account for their secondary trading platform.
I’m impressed they are going live this fast. I know there were some tweaks and rules guidance out of the SEC recently around this but I’m surprised to see the players respond so quickly.
As far as I can tell this is structured like just another ATS and they are a standard broker-dealer, which would imply we can move funds in and out at will (no holding period). With a new (and early) exit option I think this is going to be huge for CF/A+ investors and platforms generally.